Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6992 Wagon Wheel Lane Lakeside, AZ 85929

    View on Map
    For Sale
    $110,000

    LAND - Lakeside, AZ

    Type:Single Family Residence
    Lot size:
    0.42 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    21
    Last Refresh:
    Apr 1 at 10:06 pm

    Property Features for 6992 Wagon Wheel Lane

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Exterior features
    Level
    Standard status
    Active
    APN
    212-71-046
    Lot size
    0.42 Acres

    Taxes and HOA fees

    TaxDescription
    Section 8, T9n, R22e: Starlight Ridge Estates #1: Lot 46, Per Plat 23-43 & 44. Ouf Of 212-05-007E For2005roll.
    TaxAnnualAmount
    493

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Austin J Vallery
    Austin J Vallery

    Listing agent Austin J Vallery License #SA646138000

    Listing office Torreon Realty 3350 W Sugar Pine Way Ste 300, Show Low, AZ

    Listing date Mar 12, 2026

    MLS# 259960 Listing URL

    Copyright © 2026 White Mountain Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeside, AZ Land for Sale

    This 0.42-acre residential lot is located in Starlight Ridge Estates in Lakeside, Arizona, within the White Mountains. The level lot is surrounded by tall pines and is suitable for a site-built home. Utilities including water, power, sewer, and natural gas are available at the lot line. Situated near the end of Wagon Wheel Lane, the property borders the scenic trails of Sitgreaves National Forest, providing access to hiking, biking, and outdoor recreation. The location is also minutes away from shopping, dining, and entertainment in Pinetop-Lakeside, including Summit Healthcare Regional Medical Center, Walmart Supercenter, Lowe's, and The Home Depot. The sewer assessment is already paid off.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeside
    County
    Navajo
    State
    Arizona
    Longitude
    -110.03098
    Latitude
    34.191565

    Nearby Similar for Sale

    • $672,000
      4,867 SF

      Lakeside Office Building with Garage

      Centrally located office building with fenced yard and garage.
      5805 Wagon Wheel Lane, Lakeside, AZ 85929
      View Details
    • $335,000

      Lakeside Commercial Land Available

      Prime downtown Lakeside property with highway frontage and utilities available.
      21230027B W White Mountain Blvd, Lakeside, AZ 85929
      View Details
    • $1,400,000
      2,516 SF

      Lakeside Multifamily Property with Casita

      Multi-unit property with income potential, remodeled in 2025.
      1897 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $1,429,000
      5,000 SF

      Established Restaurant on Main Thoroughfare

      Thriving restaurant with loyal clientele and consistent revenue.
      348 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $499,700
      1,608 SF

      Lakeside Commercial Property with Highway Frontage

      Versatile commercial property with residential potential in Pinetop-Lakeside, Arizona.
      13 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $500,000

      Commercial Land in Lakeside, AZ

      C-1 zoned parcel in Pinetop/Lakeside Township.
      21256061A W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $95,000

      Lakeside Land in Mountain Gate

      Build-ready 0.27-acre lot in a prestigious gated community.
      5039 Winter Hawk Court, Lakeside, AZ 85929
      View Details
    • $109,000

      Lakeside, AZ Corner Lot

      0.48-acre corner lot in Country Ridge Estates, Lakeside, AZ.
      5961 E STARLIGHT RIDGE Road unit: 10, Lakeside, AZ 85929
      View Details
    • $460,000
      1,578 SF

      Lakeside Multifamily Property with Commercial Potential

      Two buildings on one lot with residential and commercial potential.
      372 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $109,000

      Spacious Corner Lot in Lakeside

      0.52-acre corner lot in Lakeside's desirable Country Ridge Estates.
      5961 Starlight Ridge Road, Lakeside, AZ 85929
      View Details
    • $475,000

      Lakeside Land for Equestrian Use

      4.82-acre homes-only property perfect for equestrian enthusiasts.
      Dynamite, Lakeside, AZ 85929
      View Details
    • $599,999

      Lakeside Land with Forest Access

      4.74 acres near town bordering US Forest Service land.
      4.74 Acres Birdsong Way, Lakeside, AZ 85929
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Starlight Ridge Estates near Sitgreaves National Forest.
    Where is this residential land & home lot located?
    The property is located at 6992 Wagon Wheel Lane Lakeside, AZ.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Level lot ready for site‑built home in desirable Starlight Ridge Estates.; Water, power, sewer, and natural gas available at the lot line.; Borders scenic trails of Sitgreaves National Forest for hiking and biking.
    (928) 587-1212
    We can help!
    Listing Contact
    Austin J Vallery
    Austin J Vallery
    Real Estate License ID: SA646138000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!